SEC Revises Lawsuit Against Tron Founder Justin Sun
In an updated lawsuit, the SEC charges Justin Sun of selling unregistered securities via Tron and BitTorrent tokens. Sun’s extensive U.S. travel generates jurisdictional claims. Recent amendments were made to the litigation filed by the United States Securities and Exchange Commission (SEC) against Justin Sun, the renowned developer of Tron. According to the SEC, Sun allegedly participated in the […]
Ex-CFTC Commissioner Deems SEC’s Ethereum Approach “Illegal”
Former CFTC commissioner Brian Quintenz condemned the SEC’s conduct as “illegal” regarding Ethereum. Brian Quintenz, a former commissioner of the Commodity Futures Trading Commission (CFTC), has faulted the Securities and Exchange Commission’s (SEC) position on Ethereum (ETH). He characterized the SEC’s stance on ETH as “illegal” and raised concerns regarding the possibility of regulatory ambiguity. Former CFTC Commissioner […]
Ripple, Coinbase CLO Criticizes SEC for “Misleading” Courts
Ripple CLO Stuart Alderoty and Coinbase CLO Paul Grewal criticize the SEC for misleading courts in other lawsuits similar to the Debt Box case. In the Debt Box case, Ripple and Coinbase chief legal officers join the wider legal and crypto communities in condemning the U.S. Securities and Exchange Commission (SEC) for misleading the court and grossly […]
South Korea Regulator & SEC Chair To Debate Bitcoin ETFs, NFTs
South Korea’s FSS Chair and the SEC will debate Bitcoin ETFs and NFTs, which will shape the future of virtual finance. South Korean regulators and U.S. financial authorities are scheduled to discuss Bitcoin ETFs and non-fungible tokens (NFTs) at a significant juncture of international financial affairs. Significantly, critical discussions are imminent between the U.S. Securities […]
John Deaton Calls SEC ‘Money Grab’ in Crypto Speech Fallout
Pro-XRP lawyer John Deaton reveals SEC’s’money grab’ in crypto speech aftermath, putting light on transparency concerns and regulatory uncertainty. Pro-XRP lawyer John Deaton criticizes the recent crypto speech issued by the U.S. Securities and Exchange Commission (SEC) as a “pure money grab” in a withering critique posted on the X platform. In contrast, Deaton’s audacious […]